Real property loan definition

Real property loan means any loan, mortgage, advance or credit sale se- cured by a lien on real property, the stock or membership certificate allo- cated to a dwelling unit in a coopera- tive housing corporation, or a residen- tial manufactured home, whether real or personal property.
Real property loan means a loan described in 3 AAC 99.230(a);

Examples of Real property loan in a sentence

  • Real property loan means any loan, mortgage, advance or credit sale secured by a lien on real property, the stock or membership certificate allocated to a dwelling unit in a cooperative housing corporation, or a residential manufactured home, whether real or personal property.

  • Real property loan defaults are referred to legal counsel for foreclosure action.


More Definitions of Real property loan

Real property loan means a $27 million loan, secured by a senior lien on the Real
Real property loan means a Loan made in connection with and based upon a Borrower’s ownership or acquisition of specific Eligible Real Property. The original principal amount of a Real Property Loan shall be determined by the Agent and communicated to the Borrowers at the time such Real Property Loan is made and is not to exceed 80% of the fair market value of the related Eligible Real Property at any time.
Real property loan means the term loan in the original principal amount of $3,000,000, extended by Lender to Landair Transportation Properties, Inc., pursuant to the terms of a Note Secured by Real Estate dated March 25, 1999, and secured by a Mortgage Deed, dated March 25, 1999, on the Real Property.

Related to Real property loan

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Real Property of any Person shall mean all the right, title and interest of such Person in and to land, improvements and fixtures, including Leaseholds.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.